1412 7th Ave #1-5 new Save Request In-Person Tour Request Virtual Tour
Greeley,CO 80631
Key Details
Property Type Single Family Home
Sub Type Attached Dwelling
Listing Status Active
Purchase Type For Sale
Subdivision Beer & Thomas Sub
MLS Listing ID 1032142
Bedrooms 8
Year Built 1880
Annual Tax Amount $3,404
Lot Size 9,583 Sqft
Property Sub-Type Attached Dwelling
Property Description
Turnkey Multifamily Investment Opportunity - 7.11% Cap Rate in Greeley, CO. Introducing a fully leased, high-performing multifamily property in the heart of Greeley offering an impressive 7.11% cap rate. This asset is ideal for investors seeking stable cash flow. There are two 1-bedroom apartments and three 2-bedroom apartments. Property Highlights: 100% Occupancy with tenants on solid 12-month leases, most units remodeled in 2024 down to the studs (featuring updated kitchens, bathrooms, appliances, flooring, paint, and fixtures), fresh exterior paint and recent landscaping, deck upgrades completed in 2024, & strong rental history with professional management in place. Shared laundry room for units 1-4, and unit 5 has their own laundry room in unit. Whether you're expanding your portfolio or entering the multifamily market, this turn-key property checks all the boxes for income-producing real estate in Northern Colorado. Don't miss this opportunity-schedule a tour or request the full financials today.
Location
State CO
County Weld
Area Greeley/Weld
Zoning C-H
Interior
Heating Baseboard,Wall Furnace
Cooling Room Air Conditioner
Fireplaces Type None
Exterior
Exterior Feature Lighting
Parking Features Alley Access
Fence Partial,Fenced,Wood
Utilities Available Electricity Available
Roof Type Composition
Building
Lot Description Curbs,Gutters,Sidewalks
Story 1.5
Water City Water,City of Greeley
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Maplewood
Middle Schools Heath
High Schools Northridge
School District Greeley 6
Others
Special Listing Condition Private Owner